PNC Infratech announced the receipt of 'Provisional
Completion Certificate' for one of the national highway projects executed by the Company -Improvement/Augmentation of 146.4 km long Aligarh-Moradabad Section
of NH-93 to two lanes with paved shoulders, in the state of Uttar Pradesh under NHDP
Phase IV on EPC Mode w.e.f. 13 May 2019. As the project has been completed
seventy-three (73) days ahead of the scheduled completion date of 25 July 2019, the
Company has become entitled for early completion bonus @ 0.03% of the Contract
Price (Rs. 644.5 crore) for each day of ahead of scheduled completion in terms of the
agreement executed with National Highways Authority of India.
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